Quality Houses Leasehold Property Fund Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 07:20 am EDT
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Quality Houses Leasehold Property Fund announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was THB 273.601 million compared to THB 294.898 million a year ago. Net income was THB 166.104 million compared to THB 77.328 million a year ago. For the half year, total revenue was THB 555.007 million compared to THB 602.755 million a year ago. Net income was THB 321.202 million compared to THB 266.852 million a year ago.
Quality Houses Leasehold Property Fund (the Fund) is a Thailand-based closed-end property fund and a specific property fund. The primary objective of the Fundâs capital management is to maintain an appropriate capital structure in order to provide returns for unitholders in accordance with the Fundâs establishment objective. The Fund operates through a single segment, namely the rental of immovable properties. Its portfolio includes the Q House Ploenjit Building, Q House Lumpini Building, and Wave Place Building. The Fund is managed by Land and Houses Fund Management Company Limited (the Management Company), and its trustee is Kasikorn Bank Public Company Limited. The property managers of the Fund are Q.H. International Company Limited, which manages Q. House Lumpini project, and Quality Houses Public Company Limited, which manages Q. House Ploenchit project and Wave Place project.
QUALITY HOUSES LEASEHOLD PROPERTY FUND 
